Laurentian Bank Participating in the Financing of a Wind Farm Construction Project in Southern Ontario

MONTREAL, Oct. 22, 2013 /CNW Telbec/ - Laurentian Bank is pleased to
announce its participation in a financial consortium for the
construction of a 270 MW wind farm in the southern Ontario municipality
of Chatham-Kent. The enterprise to be operating this wind farm — South
Kent Wind LP is indirectly owned by Pattern Energy Group Inc. and
Samsung Renewable Energy Inc., a wholly owned subsidiary of Samsung C&T
Corporation.

Being built in accordance with the provisions of the Ontario Green
Energy Act, the project is part of an agreement with the Ontario
government by virtue of which the Samsung C&T Corporation intends to
develop 1,370 MW of wind and solar energy. Having started in March of
this year, construction of the wind farm is slated for completion in
Spring 2014. As of then, the farm will generate clean, renewable energy
that could meet the annual needs of 100,000 residences in Ontario, and
the electricity produced will allow for the elimination of the
equivalent of 842,000 tonnes of carbon dioxide generated by coal-fired
power plants.

"This promising project is situated in one of the most active regions
for wind development in Ontario, where we are getting more and more
involved," explains Éric Provost, Laurentian Bank's Senior
Vice-President, Business Services. "Thanks to our Commercial team
specialised in renewable energies and infrastructure project financing,
Laurentian Bank is well positioned to take advantage of the excellent
opportunities offered by the rapidly expanding green energy market."

Ontario is presently the largest producer of wind energy in Canada, with
total installed power of 2,242 MW. For their part, the 162 Canadian
wind farms represent total installed power of 6,927 MW, currently
meeting 3% of the country's energy requirements.

About Laurentian Bank

Laurentian Bank of Canada is a pan-Canadian banking institution that has
more than $34 billion in balance sheet assets and $37 billion in assets
under administration. Founded in 1846, Laurentian Bank was selected in
2012 as one of the 10 winners of the Canada's Passion Capitalists
program in recognition of its sustained success through the promotion
of passion within its ranks. The Bank employs more than 4,200 people.

Recognized for its excellent service, proximity and simplicity,
Laurentian Bank serves more than one million clients in market segments
in which it holds an enviable position. In addition to occupying a
choice position among consumers in Québec, where it operates the third
largest branch network, the Bank has built a solid reputation across
Canada in the area of real estate and business financing thanks to its
teams working out of more than 35 offices in Ontario, Quebec, Alberta
and British Columbia. Its subsidiary, B2B Bank, is a Canadian leader in
providing banking products as well as investment accounts and services
to financial advisors and brokers, while Laurentian Bank Securities is
an integrated broker, widely known for its expertise and effectiveness
nationwide.